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Starlink just launched absurdly fast 500 Mbps satellite internet — for $500 a month

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Starlink, the satellite internet service offered by Elon Musk’s company SpaceX, is gunning after cable internet with a new Starlink Premium tier. SpaceX is touting speeds of up to 500 Mbps, which is far greater than Starlink’s current median download speed of 97.23 Mbps. But to gain this tremendous performance boost will cost customers in rural areas a lot.

As reported by The Verge, the service will cost $500 a month. It will also require a new antenna, which too has an upfront $2,500 cost. Customers must place a $500 deposit now, as orders are expected to ship in Q2 of 2022.

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